Citizens Bancshares Cash Flow - Quarterly (OTCMKTS:CZBS)

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$9.55 $0 (0%) CZBS stock closing price Feb 17, 2017 (Closing)

For analyzing any company like Citizens Bancshares from an investment perspective, its important to check the cash flow statement. While its important to look at the Citizens Bancshares debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Citizens Bancshares revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. The cash flow statement helps in the Citizens Bancshares stock analysis by providing more information for evaluating changes in assets, liabilities and equities. The cash from operating activities for Citizens Bancshares is $1.36M for 2016-Q3, which saw a decrease of -37.04% from previous quarter. View details of Citizens Bancshares cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Citizens Bancshares Net Income Cash Flow
1.65M1.1M0.35M1.81M1.19M0.77M0.42M1.8M1.26M0.88M
Depreciation Depletion Amortization Cash-Flow0.89M0.61M0.39M1.5M1.11M0.78M0.38M1.52M1.12M0.79M
Net Increase (Decrease) in Assets Liabilities-1.43M0.42M-0.01M-1M-0.29M-0.8M-0.39M-0.16M-0.25M-0.67M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net0.24M0.01M0.01M0.03M0.17M0.25M-0.23M0.72M0.57M0.11M
Citizens Bancshares Net Cash from (used by) Operating Activities
1.36M2.16M0.76M2.35M2.19M1.01M0.17M3.88M2.71M1.12M
Increase (Decrease) in Prop Plant And Equipment-0.84M-0.8M-0.09M-0.29M-0.25M-0.12M-0.07M-0.35M-0.05M-0.04M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments1.05M10.73M5.74M1.63M9.53M3.51M11.18M16.7M12.6M7.54M
Other Cash Inflow (Outflow) from Investment Activities-10.67M-10.42M-2.31M4.09M5M-3.26M-2.58M-4.61M0.45M-1.65M
Citizens Bancshares Net Cash from (used by) Invesment Activities
-10.46M-0.49M3.34M5.44M14.27M0.13M8.52M11.73M12.99M5.84M
Issuance (Purchase) of Equity Shares---0.05M0.14M---0.11M--
Issuance (Repayment) of Debt Securities-0.01M-0.01M-0.01M4.98M-0.01M-0.01M-0.01M-0.01M-0.01M-0.01M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-0.35M-0.29M-0.05M-0.4M-0.35M-0.29M-0.05M-0.4M-0.35M-0.29M
Other Cash from (used by) Financing Activities14.76M22.32M13.54M-12.02M-15.47M-3.79M2.37M3.92M10.97M16.56M
Citizens Bancshares Net Cash from (used by) Financing Activities
14.39M22.02M13.42M-7.31M-15.83M-4.09M2.31M3.61M10.61M16.26M
Effect of Exchange Rate Changes on Cash----------
Citizens Bancshares Net Change in Cash & Cash Equivalents
5.29M23.68M17.53M0.48M0.63M-2.95M11.01M19.24M26.32M23.23M
Cash & Equivalents at Beginning of Year48.41M29.16M40.18M33.45M23.79M27.07M16.14M8.18M8.61M11.28M
Cash & Equivalents at Year End54.19M72.58M66.43M48.89M49.04M45.46M59.42M48.41M55.49M52.39M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Citizens Bancshares stock price history provides insight into historical stock price fluctuations, and Citizens Bancshares stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Citizens Bancshares has cash of $54.19M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Citizens Bancshares stock price.
  • The cash generated from the core business or operations was positive at $1.36M for Citizens Bancshares in the latest quarter. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was negative at $-10.46M for CZBS stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $14.39M for Citizens Bancshares. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.
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Key Financial Ratios For Citizens Bancshares Cash Flow

FCF margin
-0.19